Fabtech Technologies Cleanrooms IPO, during its three-day subscription period, created a significant buzz, with issue being oversubscribed by a staggering 740.37 times. A BSE SME issue, the IPO opened for bidding on January 3 and concluded its subscription window on January 7.

The allotment of shares is likely to be finalised to today, January 8. Investors who participated in the IPO can check their allotment status through platforms such as BSE, Maashitla Securities. Alongside this, the IPO is also making waves in the grey market.

Here is a step-by-step guide on how to can check your allotment status online:

– Check on BSE Website

Visit the BSE IPO Allotment Page.

Select ‘Equity’ under the Issue Type dropdown.

Choose ‘Fabtech Technologies Cleanrooms’ from the company list.

Enter your Application Number or PAN.

Verify the Captcha and click Search.

Your allotment status will be displayed.

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– Check on Maashitla Website

Go to the Maashitla Securities IPO Allotment Page.

Select ‘Fabtech Technologies Cleanrooms’ from the list.

Enter your Application Number, Demat Number, or PAN.

Provide details as prompted.

Click Submit to view your status.

For successful allottees, the shares of Fabtech Technologies will be credited to their Demat accounts on January 9, 2025. Investors who did not receive an allotment will have their refunds processed on the same day.

Fabtech Technologies Cleanrooms IPO – GMP

In the grey market, the Fabtech Technologies Cleanrooms IPO is commanding a premium of Rs 105, indicating an estimated listing of Rs 190 per share, a 123.53% gain over the issue price band of Rs 85%. However, it is important to note that the GMP is unofficial and is not the actual listing price. It may fluctuate based on market sentiment.

Fabtech Technologies IPO has been buzzing in the grey market since its opening on January 3. The grey market premium started at Rs 50 on January 2 and quickly rose to Rs 75 by January 3. By January 7, the shares were trading at a premium of Rs 80, indicating a potential listing price of Rs 165, 94.12% above the IPO’s upper price band of Rs 85.

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Fabtech Technologies Cleanrooms IPO – Listing

The company’s shares are set to make their debut on the BSE SME platform on January 10, 2025, marking the next milestone for the IPO.

Fabtech Technologies Cleanrooms IPO – Key highlights

Fabtech Technologies IPO received an overwhelming response, being oversubscribed by 740.37 times on the final day of bidding. Retail investors category was subscribed 715.05 times. The demand was even higher among non-institutional investors (NIIs), who subscribed 1,485.52 times, while the qualified institutional buyers (QIBs) segment was subscribed 224.5 times.

Vivro Financial Services is serving as the book-running lead manager for the Fabtech Technologies IPO. Maashitla Securities has been appointed as the registrar for the issue and Rikhav Securities is the market maker for the IPO.

About Fabtech Technologies

Fabtech Technologies Cleanrooms was incorporated in 2015. The company specialises in manufacturing pre-engineered and pre-fabricated modular panels and doors for cleanrooms. The company offers a range of cleanroom solutions, including Cleanroom panels and doors, view panels, ceiling panels and covings, HVAC systems and electrification works.